would have never guessed
@ShortPVEquity yes, but i bet you didn't anticipate this outcome: rating is way down, but valuation is way up. it's like magic ;)
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Short Private Equity retweeted
@creillystocks this is what happens when you let private equity into "professional" sports!
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1 in 10 private hospitals now pe-owned. Buying spree puts federal watchdogs on alert...
zpr.io/SJ7bSWK9a2XY
zpr.io/SJ7bSWK9a2XY
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MUST READ: New Cornell report: PE controls half of New York’s home care.
Workers get “low wages,” “wage theft” and “managerial neglect", collecting $2.32 billion in Medicaid revenue in 2022…
zpr.io/q75XjC8TqBYu
Workers get “low wages,” “wage theft” and “managerial neglect", collecting $2.32 billion in Medicaid revenue in 2022…
zpr.io/q75XjC8TqBYu
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This is actually a really good article
PRIVATE EQUITY'S PAYDAY EVAPORATES... EMPLOYEES SCRAMBLE FOR THE EXITS...
zpr.io/d3rEp4wribUU
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PRIVATE CREDIT TAKES 63% OF GROWTH-STAGE DEBT, BANKS RETREAT...
zpr.io/Mbk3SiPBjrwh
zpr.io/Mbk3SiPBjrwh
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PRIVATE EQUITY'S PAYDAY EVAPORATES... EMPLOYEES SCRAMBLE FOR THE EXITS...
zpr.io/d3rEp4wribUU
zpr.io/d3rEp4wribUU
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Short Private Equity retweeted
I can't think of a better way to get future generations of Americans to care about all the important work SpaceX $SPCX is doing.... to learn about this stuff, and get excited about building toward a better future.
This is much better than some sort of managed public benefit fund or something like that. He's talking about his personal shares, too, not issuing new shares.
And it's doable. If he gave one share of SPCX to all 72 million or so kids under 18 in the US, that would be about 1.1% of his total SPCX holding if my math is right.
And while we don't know anything yet about eligibility or the mechanism through which he'd attempt to do this, the existing Section 530A accounts (the "Trump Accounts") could be a way to do it.
This is much better than some sort of managed public benefit fund or something like that. He's talking about his personal shares, too, not issuing new shares.
And it's doable. If he gave one share of SPCX to all 72 million or so kids under 18 in the US, that would be about 1.1% of his total SPCX holding if my math is right.
And while we don't know anything yet about eligibility or the mechanism through which he'd attempt to do this, the existing Section 530A accounts (the "Trump Accounts") could be a way to do it.
Next year, I will give one of my SpaceX shares to every kid in America.
This will be the first of many.
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Short Private Equity retweeted
Bullish
You have no choice but to save the United States. There is literally nowhere left to go. This is it. The last bastion. The Alamo. Last stop Saloon. If the US completely falls, it's checkmate Earth. There's nowhere to run, nowhere to hide, you can't opt out. There is no Shire.
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Short Private Equity retweeted
This week, I hosted my annual Daily Dirtnap conference in Nashville. About 140 people were in attendance, with some of the brightest minds in finance as presenters. And a party at Nashville's greatest underground club!
Everything about it was perfect. And thanks to all those ails so I could focus on the content. We'll be doing it again next year.
Thanks to speakers: @TgMacro, @EricBalchunas, @barryknapp, @VD718, @Seawolfcap, @JanvanEck3, @CultishCreative, @MebFaber, @cafreiman, @pboockvar, Mark Lapolla, John Burns, and Marcin Zdunek.
If you want to come to the best financial conference on earth, you must be a subscriber to The Daily Dirtnap. DM me for details (and a discount).
Everything about it was perfect. And thanks to all those ails so I could focus on the content. We'll be doing it again next year.
Thanks to speakers: @TgMacro, @EricBalchunas, @barryknapp, @VD718, @Seawolfcap, @JanvanEck3, @CultishCreative, @MebFaber, @cafreiman, @pboockvar, Mark Lapolla, John Burns, and Marcin Zdunek.
If you want to come to the best financial conference on earth, you must be a subscriber to The Daily Dirtnap. DM me for details (and a discount).
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Short Private Equity retweeted
“Bear markets are a good thing, they’re healthy, they wash out a lot of the dipshttery going on. Let’s get it over with” - @MebFaber at Dirtcon. Makes case for unloved areas like foreign stocks, small caps and value. Also a short rant on etf spaghetti cannon. Great presentation.
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Viral comedians and creators are turning private equity into a, as if it wasn’t one already, a punchline...
zpr.io/vfthECyvaH8e
zpr.io/vfthECyvaH8e
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Short Private Equity retweeted
Watching @dailydirtnap crush it on stage in packed room w some mind melting charts and a few jokes at “Dirtcon” in Nashville (his annual conference for his newsletter followers).
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Short Private Equity retweeted
CAN SOMEONE EXPLAIN HOW THIS IS ACTUALLY LEGAL.
My coworker pays $132 a month for dental coverage. That's $1,584 a year.
She needed a root canal. $2,100 total cost.
Her plan's annual maximum benefit: $1,500.
So insurance covered $1,500, she paid the remaining $600 out of pocket, and she'd already handed them $1,584 that same year just to be allowed in the door.
She paid more in premiums than the plan was even capable of covering.
That's not insurance. That's a subscription with a spending cap lower than the thing it's supposed to protect you from.
My coworker pays $132 a month for dental coverage. That's $1,584 a year.
She needed a root canal. $2,100 total cost.
Her plan's annual maximum benefit: $1,500.
So insurance covered $1,500, she paid the remaining $600 out of pocket, and she'd already handed them $1,584 that same year just to be allowed in the door.
She paid more in premiums than the plan was even capable of covering.
That's not insurance. That's a subscription with a spending cap lower than the thing it's supposed to protect you from.
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BLOOMBERG: The End of Private Equity's Leveraged Buyout Era is Nigh...
zpr.io/8YSjAjADJsLz
zpr.io/8YSjAjADJsLz
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Short Private Equity retweeted
BREAKING: Private equity bought 447 hospitals. Now staffing down 12%.
Salary spending down 17%. ER mortality up 13%...
zpr.io/bJcKFgMzGpk2
Salary spending down 17%. ER mortality up 13%...
zpr.io/bJcKFgMzGpk2
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